DoGusign Envelope ID.. OE1E0238-02D9460A-ASCE-FD40FB1C2AC2 Charity registration number 275560 THE A R TAYLOR CHARITABLE TRUST ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 5APRIL 2023 DoGusign Envelope ID.. OE1E0238-02D9460A-ASCE-FD40FB1C2AC2 THE A R TAYLOR CHARITABLE TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Susan Mary Taylor Simon Arthur Taylor Nicholas Ronald Taylor Charlty nUM￿r 275560 Principal office The Old Rectory Hinton Waldrist Faringdon SN7 8SA Independent examiner Charlotte Toemaes, Bsc FCA Ellacotts LLP Countrywide House 23 Wesl Bar Banbury Oxfordshire England OX16 9SA Bankers CAF Bank Itd 25 Kings Hill Avenue West Malling Kent ME194JQ Investment advisors Evelyn Partners 6 Chesterfield Gardens London W1J 5BQ DoGusign Envelope ID.. OE1E0238-02D9460A-ASCE-FD40FB1C2AC2 THE A R TAYLOR CHARITABLE TRUST CONTENTS Page Trustees. report Independent examiner's report Receipts and payments account Slalernenl of assets and liabilities Notes to the financial slalemenls DoGusign Envelope ID.. OE1E0238-02D9460A-ASCE-FD40FB1C2AC2 THE A R TAYLOR CHARITABLE TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 5 APRIL 2023 The trustees present their annual report and financial statements for the year ended S April 2023. The financial statements have been preparèd in accordance with th8 accounting policiès sat out in nota to thè financial statements and comply with the trust's governing document, the Charities Act 2011 and 'Accounting and Reporting by Charities.. Ststement of Recommended Practice applicable to charities preparing their acrnunts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021" leffeclive 1 JanLJary 20191. Oblectlves and actlvltles The objectives of Ihe trust are the relief of poverty, the advan¢ement of education, the advancement of religion and such olher charitable purposes as may be benefiaal to the community as the trustees in their absolule discretion shall think fil. The trustees have paid due regard lo guidance issued by the Charity Commission on public ben8fil. Achievements and performance Whilst never slavishly following percentsgtrs in deciding upon donations, the general policy is lo distribute all income year by year together with a percentage of capital. The dislribulions made in the year end&d 5 April 2023 We￿ made from a combination of income and capitsl drawdown. Generally around 20Y¢ of the distributed cash is reserved for annual donations and the rernainder fu "one-o grants, many of them in answer to specific appeals, particularly local ones or where specific interest arises, i.e. local Parish Churches. Broadly the annual donations break down as follows in terms of percentage.. Forces Charities- 14 /0 Educationlchildren - 36°h Elderlylmedical - 17Vo Church - 5 /. Miscellaneous - 28° The accounts show the specific beneficiaries reached in note 2. Thus, the objects of the Charity are being fulfilled, having regard to its governing document. The proportions distributed in particular directions and amounts le.g. lo various Forces Charities and various Pcc'sl naturally reflect the particular interest of the found and the Trustees. Financial rèvièw It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained al a level equivalent to between three and six month's expenditure. The trustees considers that reserves al this level will ensure that, in the event of a significant drop in funding, they will be able lo continue the trust's current activities while consideration is given lo ways in which additional funds May be raised. This level of reserves has been maintained throughout the year. The capital of the Trust under management as al 5 April 2023 consists of the following.. Securities at market value- £721,80712022.. £694.8991 Cash in hand - £76,14712022.. £177,942) Total - £797,95412022.. £872,841) The Trust comprises a r8nge of investments, which are managed by Evelyn Partners (formally Tilney Investment Man8gemenll, plus small sums of ¢ash held on inlerest-bearing ac¢ounls. Details are sel out in the alla¢hed 8c¢ounts. Stock certificates are held in CREST in the nominee name of Evelyn Partners. The Iruslees have full discretionary powers over the monies in the Trust to apply the income andlor such part or parts of the capital of Trust as they deem advisable leven in so doing they exhaust the whole) for the purposes given under the heading "Objectives and Activities. above. Docusign Envélop& ID. 0E1E023￿2D￿46OA-A5cE-FD4oFB1c2AQ2 THE A R TAYLOR CHARITABLE TRUST TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 The trustees have assessed the m8lor rfsks lo whlch the trust Is extx)sed, and are satisfied that systems are In place lo mltigale exposure lo the major risks. structure, governance and management The charity was created by a Deed of Trust daled 1 March 1978 and the policy of the Trustees has been consistent throughout. The trustees now indude other members of the Taylor family following the resignation of MrA R Taylor (the founder) due to his advancing years and his subsequent death in 2011. The administration of the trust is now being carried out in a day to day basis by Susan Taylor, thus redLscAng overheads and increasing the funds available for charitable purposes. The Trust is a registered charity and its chanty registration number is 275560. The origins of the Trust and the influences lo which the Trustees have been subject have affected their policy. In 1976 the company of which Mr Taylor became Chairman ceased to be private and became quoted on the Stock Exchange. Mr Taylor found himself in possession of investments in eX￿sS of the needs of himself and his family and therefore he decided to fund charitable work, just as his father before him had done. IHIS father founded the first Lads Club in Manchester- in the deprived area ofAncoals in 1984}. The aims of the Trust remain thè same following the change of Trustees. Apart from his marriage, by far the most profound influence upon Mr Taylor throughout his life was his experience as an office in the Grenadier Guards during War11, Including two years In the line in North Africa and Italy In an infantry battalion. His admiration for the marvellous men he led, many of whom were killed and wounded. cau58d him to r8solve that his first priority should b8 Servic8 Charit18s. This refl8Ct8d in th8 P8rc8ntag8 of the Trust income directed there. This remains a priority of the Trust. The Trustees, being mindful of the founderfs declining health in the last few years of his life have made cx)ntributions towards elderly heath care. The Trustees who Se￿ed during the year and up to the date of signature of the financial statements were.. Susan Mary Taylor Simon Arthur Taylor Nlcholas Ronald Tawor Recrultment and appolntment of new Trustees There has been no changes in the Trustees in the year under review. Appointment of Trustees is govemed by the Trust Deed. The Board of Trustees is authorised to appoint new Trustees to fill vacancies arising through resignation or death of an existing Trustee. Inductlon and tralnlng of now Trustees The Trustees will consider the appointment of new Trustees as and when needed for the efficient running of the Trust and identify and implement an appropriate induction process to ensure any new Trustee is properfy aware of their legal obligations as well as the operational procedures of the Trust. The trustees. report was approved by the Board of Trustees. Susan Mary Taylor Tnjstee 9110/2024 1 12:55 BST Dated.. Nlcholas Ronald Taylor Trustee8/10/2024 | 19:47 BST Dated.. Docusign Envélop& ID. 0E1E023￿2D￿46OA-A5cE-FD4oFB1c2AQ2 THE A R TAYLOR CHARITABLE TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE A R TAYLOR CHARITABLE TRUST I reKK)rt to the Charity trustees on my examination of the accounts of the Chartty for the year en(Jed 5 AprS12023, which are set out on pages 4 to 6. Responslbllltles and basls of report As the charity's Iruslees you are responsible for the preparation of the accounts in accordan¢e with the requirements of the Charities Act 2011 {Ihe Ad'l. I report in respect of my examination ol the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under se¢tlon 14515llbl of the Act. Indop¢nd•nt oxamlnorf$ $tat¥ment I have completed rny examination. I confirm that no material matters have come to my attention in ¢xJnnection with the examination givlng me Cause lo believe that In any malerlal respect- accounting records were not kept in respect of the charity as required by secb'on 130 of the Act- or Illl the accounts do not accord with those records. I have no concerns and have c¢)me across no other matters in connection wth the examination lo whith attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Charlott8 To8ma8s. Bsc FCA Ellacotts LLP Countywide House 23 West Bar Banbury Oxfordshire OX16 9SA England 9/10/2024 | 13:31 BST Dated.. DoGusign Envelope ID.. OE1E0238-02D9460A-ASCE-FD40FB1C2AC2 THE A R TAYLOR CHARITABLE TRUST RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 5 APRIL 2023 Total 2023 Total 2022 Notes In Dividends and interest on investments 4,707 4,138 4,707 4,138 Receipts from managed investment portfolio 127,141 194,705 Total receipts 131,848 198,843 Charitsble expenditure Investment management fees Bank charges Sundry Ac¢ountancy fees {59,2551 14,4811 {761 {211 11.3861 139,2811 16,1671 11041 11551 11,2601 {65,2191 146,9671 Inv tm Reinveslmenl of inveslrllent income 1167,8351 144,2931 Total payments 1233.0541 191,2601 Net of receiptsllpaymentsl 1101,2061 107,583 Cash funds at 6 April 2022 319,474 211,891 Cash funds at 5 April 2023 218.268 319,474 Docusign Envélop& ID. 0E1E023￿2D￿46OA-A5cE-FD4oFB1c2AQ2 THE A R TAYLOR CHARITABLE TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 5 APRIL 2023 Total 2023 Total 2022 Not¢$ Managed investments- at market value Cash funds- Evelyn Cash fLtnds- CAF 721,807 7.580 68,567 694.899 132,282 45,660 797.954 872.841 Llabllltle$ Net assets 797,954 872,841 9/10/2024 1 12:55 BST The accounts were approved by the trustees on .................... and were signed on their behalf by.. Susan Mary Ta￿or Trustse Nicholas Ronald Taylor Tru$leg DoGusign Envelope ID.. OE1E0238-02D9460A-ASCE-FD40FB1C2AC2 THE A R TAYLOR CHARITABLE TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5 APRIL 2023 Charitable expenditure Total 2023 Dravet Syndrome UK Alzheimers All Saints Houghlon Suicide Crisis The Little Princess Trust The Little Princess Trust OSCAR Dragon Boat Race l GOSH Broadlands RDA Maggie's Centres Hampshire & Isle of Wight Air Ambulance HVSMF Winchester College Movenber 510 205 105 105 55 210 210 2,000 1,020 520 110 5,000 250 2,500 500 2,100 1,050 300 3,000 1,000 1,000 3,000 2,000 2,000 1,000 2,000 4,000 2,500 2,000 1,000 2,525 200 300 250 3,000 210 1,000 1,010 4,000 3,000 1.010 1,500 LBS Red Cross GoFundMe Emma Lay children Cardiac Risk in the Young Alzheimer's Society Army Benevolent Fund Turn2Us Game & Wildlife Conservi81ion Trust Alzheimer's Research UK Macmillan Cancer Support TVAA Winchester & Distri¢l Young Carers Mission for Seafarers SOFO Trust Rifles Benevolent Trust Lillingstone Lovell Royal British Legion Willen Hospice Garsington Opera Hinton Waldrisl PCC Aghalurcher PC Radley College Kale's Home Nursing Injured Jockeys Can¢er Research Arnold Foundation Radley Foundation Rifles Regiment Royal British Leigon 59.255 DoGusign Envelope ID.. OE1E0238-02D9460A-ASCE-FD40FB1C2AC2 THE A R TAYLOR CHARITABLE TRUST NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2023 Managed investments Managad Inv8stmant portfollo . at mar*8t valuè 2023 Managed investment portfolio at 6 April 2022 Disposals and redemptions of investments Purchases of investments Investment income Paymenls to cash funds GainsllLossesl on investments 694,899 1127,1411 167,835 4,138 13,3171 114,6071 Managed Investment portfollo at 5 Aprll 2023 721,807 Taxatlon The ¢h8rity is exempt from tsx on income 8nd gains falling within se¢tion 505 of the T8xes Act 1988 or section 252 of the Taxalionof Ch8rge8ble Gains A¢1 1992 to the extent that these are applied lo ils charitable objects. Related party transactions During the year £NIL12022.' £NILI of administrative expenses were reimbursed to trustees.